James G. Watt net worth at time of death

May 2024 · 2 minute read

James G. Watt’s net worth at the time of death – The net worth of James Gaius Watt, an American lawyer and civil servant who served as Secretary of the Interior of the United States from 1981 to 1983, is unknown. Some reports claim that he was worth $5 million at the time of his death.

Watt, who was born on January 31, 1938, was highly controversial as Secretary of the Interior, partly because he was viewed as being anti-environmentalist.

He allowed oil and gas drilling in nearly all of America’s coastal seas, expanded access to coal on federal lands, and relaxed strip-mining prohibitions.

His proposals to sell off federal lands were met with widespread criticism.

In 1983, he resigned after controversially remarking that a panel reviewing his coal-leasing policies had “every kind of mixture — I have a Black. I have a woman, two Jews and a cripple.”

Watt lobbied the Department of Housing and Urban Development after leaving the Department of the Interior.

Watt was arrested on 18 charges of criminal perjury and obstruction of justice ten years later in 1995, accused of lying to a federal grand jury investigating influence peddling at the Department of Housing and Urban Development at the time.

Watt pleaded guilty to one misdemeanor count of concealing documents on January 2, 1996.

On March 12, 1996, he was sentenced to five years of probation, a $5,000 fine, and 500 hours of community service.

Watt passed away on May 27, 2023. Nevertheless, his son Eric Watt reported his death on Thursday, June 8.

Eric did not divulge the cause of death, nor did he explain why the announcement of his father’s death was delayed.

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